Can I repatriate the funds got out of sale of Property in India?

Can I repatriate the funds got out of sale of Property in India?

General permission for purchase of residential and commercial property in India. Why buy or Invest?

property in india

Location is everything in real estate. Makes sense to invest in good locations which are likely to appreciate. India presents good opportunity. India is most exciting and active housing markets. India has not only emerged as a IT-driven hotbed but also a powerhouse of manufacturing activity.

Invest in a Property in India Commercial Real Estate investment

Property prices always appreciate in Longterm and therefore considered as safe investments. Commercial Real Estate investment in India, will be highly profitable as India has emerged as an across the board low cost base which makes it attractive enough for Non-Resident Indians (NRIs) and multinationals to relocate in the country. More than one hundred of the Fortune 500 companies have a presence in as compared to only 33 in China which shows the true worth of Indian soil.

Property in India: Buyers of Properties and Business Purchasers can engage our services for cost efficient results.

Who Can Buy Property in India?

According to the general permission granted by the Reserve Bank of India, NRIs, PIOs & OCIs can purchase immovable property in India. But this general permission only covers the purchase of residential and commercial property. It does not allow the purchase of agricultural land, plantation property or a farm house in India.

Can I repatriate the funds got out of sale of Property in India?

An NRI, PIO or OCI can purchase immovable (commercial & residential) property in India Commercial propery in Indiausing their repatriable funds. But a major clause regarding the purchase is that none of the payments can be made in foreign currency.

The buyer has to make the purchase in rupees through funds received in India via normal banking channels, or through funds maintained in any non-resident account under FEMA and RBI regulations.

Another condition is that the amount to be repatriated should not exceed the amount paid for the property in foreign exchange received through normal banking channel or by debit to an NRE account.India is most exciting and active housing markets. India has not only emerged as a IT-driven hotbed but also a powerhouse of manufacturing activity. Therefore invest in residential and commercial property in India.

Business Sale: Engineering Business for Sale at Chennai including real estate

Business Sale: Engineering Business for Sale at Chennai including real estate

Business Sale: Engineering Business for Sale at Chennai including real estate

An established engineering industry with facilities for heavy duty engineering machining
and fabrication operations for sale.Property consists of 26400 sq ft Land & Built up area of about 12000 sq ft with machineries .in good working condition.

Engineering Machine shop Business Sale at Chennai, India

Engaged in the business of manufacturing fabricated items & machining large machinery parts. business sale real estateThey have large imported machinery, metal working machines. Suitable for executing orders Large companies in Engineering, Chemical, Water Treatment, Pollution Control equipments etc.,

Business Sale: When you engage our Services to Buy or Sell Properties or Business

We help you in documentations including verification and scrutiny of title and ownership, in drafting the Agreements for Sale and advise on the Tax effects and the legal aspects of buying and selling.

For details contact S SANKARAN

Email: sankaran@kbsconsultants.com

Phone : +91 9380928214

About IndiaBusinessSale.com
We have worked with many business owner clients since opening our professional firm in 2006. Our Business Consultants are nationally recognized experts on advising and selling small businesses. They possess powerful combination of education, expertise and a passion for helping clients.
Business Sale: We recognise that building a business isn’t easy. Buying or Selling a business for desired value requires knowledge. Commitment, strategy, planning and effort. We take every step necessary for understanding your needs & goals. Pay attention to details & make sure that all the complexities of a transaction are being handled by experts. For this we assist you and assemble a winning team. Please contact us to get details of Business Sale: Engineering Business for Sale at Chennai including real estate

Industrial Land for Sales at Hosur

Industrial Land for Sales at Hosur

An Industrial Land of 30 cents with a building of 600 Sq. feet (appr.) owned by our family concern is for sale. Location: Electrical & Electronics Industrial Estate at Hosur, Tamilnadu. Electricity & Water available. Clean and clear title deeds. No outstanding liabilities. Company & IT Return filed uptodate.
Guidance value of land is Rs.3000/- per Sft. Price Negotiable.